ECONOMY & WORK
MONEY 101
NEWS
PERSONAL FINANCE
NET WORTH
About Us Contact Us Privacy Policy Terms of Use DMCA Opt-out of personalized ads
© Copyright 2023 Market Realist. Market Realist is a registered trademark. All Rights Reserved. People may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.
MARKETREALIST.COM / ECONOMY & WORK

McDonald’s worker shares their 'crazy' paycheck and it's time the American Dream gets a fair minimum wage

The pay receipt was used by a YouTuber to argue how minimum wage may not be a livable wage.
UPDATED SEP 3, 2024
Getty Images
Left:- Photo by d3sign
Right - (Photo by Spencer Platt/Getty Images)
Getty Images Left:- Photo by d3sign Right - (Photo by Spencer Platt/Getty Images)

The minimum wage for fast-food workers has been the subject of debate for the past couple of years. While several states have pioneered laws to protect workers and make sure they earn a livable wage, several others are yet to take similar measures. A video by Just Frugal Me from two years ago reminds people how complex the subject is. In the video, the creator shares a paid receipt of a McDonald's employee to break down how it would be to live off the amount.

 A sign stands outside of a McDonald's restaurant | Getty Images | Photo by Justin Sullivan
A sign stands outside of a McDonald's restaurant | Getty Images | Photo by Justin Sullivan

In the video, before sharing the pay details, Josh cautions viewers he wasn't trying to demean or talk down to the McDonald's workers in any way. He then goes on to show an image of the pay receipt which reveals that the worker in question made $631 before taxes for 72 hours of work in a week, which was above the Federal minimum wage at the end.  

Screenshot from the video | YouTube | Just Frugal Me
Screenshot from the video | YouTube | Just Frugal Me

Using this information, Josh calculates if it was enough to make a decent living in the US. First, he calculates that the worker would earn about $2,524 per month and would need to pay about $300 in taxes and would be left with $2,222. He then estimates what the worker would pay for housing, taking $900 into account. This leaves the worker with $1,322. 

Josh estimates that the utility costs for the worker would be about $170 which was the national average at the time. He adds that an average used car in America would cost $397 per month and the worker would need another $100 for insurance. He also added that the average mobile plan cost was about $70 at the time. Josh estimates that workers would need to pay a little over $100 a month for healthcare. 



 

After subtracting all the costs, Josh says that the worker will be left with only $120 per week for food, entertainment, and other expenses. He then argues that this is particularly sad as the worker despite making more than the minimum wage, wasn't able to save anything or live comfortably. Josh presents this as the argument for raising the minimum wage in the US.

Several viewers in the comments section expressed similar feelings and their frustration with the minimum wage. "I worked at McDonalds for a year in the 2000s making $5.25 an hour. $200 something a check. It is what it is," wrote user @Withlovefrominterent

Screenshot from the comments | YouTube | @hunterscrackdealer6650
Screenshot from the comments | YouTube | @hunterscrackdealer6650

Earlier this year, California brought a much-debated law into effect, raising the minimum hourly pay of fast-food workers to $20 from $16. The Golden State forced rapid service restaurants with 60 or more locations nationally to raise the pay of workers regardless of the tips they made.



 

While restauranteurs and experts initially argued that it would result in job losses, recent data from the Bureau of Labor Statistics found 11,000 new fast-food jobs were added since the new minimum wage came into effect.  However, another report from AP argued that instead of cutting jobs, restaurant owners are cutting shifts and hours of workers to combat the rise in operating costs.

MORE ON MARKET REALIST
Even the host, Ryan Seacrest admitted that the contestant needed more help to solve the puzzle.
13 hours ago
Steve Harvey is known for his wit and comic timing, but he was caught off guard.
15 hours ago
"Don't get me wrong, I'm human. Naturally, the thought crosses your mind," she said.
2 days ago
The Family Feud host doesn't easily get flustered but it seems like he can't handle flirty responses.
3 days ago
Cars are popular as prizes on several gameshows although contestants don't necessarily drive away in them.
3 days ago
There are multiple theories about cash randomly tucked under wipers, but they are all based on assumptions.
4 days ago
The entrepreneur's business model didn't tempt sharks as much as her oatmeal toppings.
4 days ago
The guest found weird notes on the fridge, TV, washing machine and other spaces in the house.
4 days ago
Ever since he got his six-figure deal on "Shark Tank", there has been no turning back.
5 days ago
While the man was hoping that he had amassed a small fortune, the total calculated by the machine was rather surprising.
6 days ago
After examining the stone cooler, the expert called it a "monumental piece of American stoneware".
7 days ago
Sajak who cut a round to make up time for his farewell speech, made things sweeter for the contestants
Jan 6, 2025
There are plenty of wrong answers but some are completely unbelievable for hosts and audiences alike.
Jan 5, 2025
Viewers labelled the meat used in the steak sandwiches as 'mystery meat'.
Jan 5, 2025
Cuban was backed by two others on the panel while others believed that she deserved to be on the show.
Jan 3, 2025
In a viral video with over 1.3 million views, the creator talked about the dangerous levels of PFAS in smartwatches and fitness trackers.
Jan 3, 2025
This happened when 42-year-old Matt Busbice left his house in a rush one morning after he heard a fire alarm.
Jan 3, 2025
The former teacher says he doesn't need any more degrees to climb up the ladder at the company.
Jan 2, 2025
The 68-year-old won $3.8 million of which he was able to take home close to $2 million after taxes.
Jan 1, 2025
It's not new for Harvey to come across answers which sound bizarre and at times even gross.
Jan 1, 2025